USD/CHF Fundamental Analysis February 10, 2012, Forecast
The German Consumer Price Index (CPI) measures the changes in the price of goods and services purchased by consumers.A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be
BoE Ramps Up Printing Presses £50bn More
In a signal the Bank o England still considers the UK economy in dire straits, it has ramped up its quantitative easing program £50bn.
ForexLive European Morning Wrap
A rather dull morning with the EUR/USD coming under some pressure ahead of the Greek vote this weekend, but the move lower largely seen as squaring, although some fund selling was reported.
CAD Drops as Greek Story Takes Troublesome Turn
The Canadian dollar dropped today against the greenback and the Japanese yen, but rose versus the euro, as Greece won’t receive rescue until nation’s leaders would accept deeper budget cuts demanded by other members of the European Union.
Euro/USD Daily Outlook –February 10
The Euro only slightly rose yesterday, despite the announcement of the ECB to keep rate unchanged and Greece's approval of the austerity plan needed to receive the recent rescue funds. There are many financial news on today's agenda including Ame
EUR/USD Bottom Now Behind Us - BNP Paribas
(Dow Jones via eFXnews)EUR/USD bottom now behind us, says BNP Paribas, which has a long-standing end-2Q forecast for the pair of 1.35 and an end-3Q forecast of 1.40."Our call for 2012 is very strongly that EUR/USD will likely .......
EU CRISIS ROAD MAP: Key Milestones Ahead
(Dow Jones via eFXnews)This is the known worry list:--Friday, Feb. 10: EUR1 billion in Greek debt maturing. Greek main labor unions hold 48-hour strike.
--Monday, Feb. 13:....
Aussie Bulls Buy on Dip as China’s Trade Balance Surprises
China’s General Administration of Customs earlier reported that January’s trade balance rose to a 27.30 billion surplus from December’s 16.52 billion, well above the consensus call for a decline to 10.40 billion. With China being Australia’s larg
Markets Lower as Greece Fails to Implement Austerity Measure
Equity markets and high yielding currencies moved lower overnight on news stories that European finance ministers failed to pass its latest loan tranche of 130 billion Euros due to the lack of commitment in Greece to implement austerity measures.
Monetary Policy Week in Review - 11 February 2012
The past week in monetary policy saw just one bank lift rates; Jordan +50bps to 5.00%, and two banks cut rates; Belarus -200bps to 43.00%, and Indonesia -25bps to 5.75%. Meanwhile the banks that held rates unchanged were: Australia 4.25%, UK 0.5
Aussie Declines After RBA Releases Monetary Policy Statement
The Australian dollar fell today after the Reserve Bank of Australia released its Monetary Policy Statement, reducing its growth forecast for this year and indicating that it’s ready to ease monetary policy.
Wheat Falls as Growin Stockpiles Counter Damage from Weather
Wheat was falling for the second trading session today on signs that there will be enough stockpiles to counter damage that adverse weather has done to supplies.


